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Angola: Procedures for private investment established
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Last September 30th, the diploma approving the Procedural Regulation for Private Investment entered into force, executing the Private Investment law (Lei do Investimento Privado - LIP).This regulation applies to projects initiated after its entry into force, but can be applied to procedures in a process previously initiated, provided the rules to be applied are more favourable and are required by the person concerned.
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Tax Substitution Specifier
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A new agreement established a list of 25 goods and commodities that are subjected to the tax substitution regime or to the tax collection anticipation of ICMS
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Prices in Macao raise 4.64% in August
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The year-on-year inflation in August, in Macao, recorded a 4.64% raise due to the raise in housing costs and the price of meals bought away from home. According to the Statistics and Census Office, the pace of this raise was off-set by the reduction in fuel and liquefied petroleum gas prices, as well as by the drop in touristic tours prices
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New regime for plastic bags
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On August 5th, the diploma establishing the rules for production, import, sale and use of plastic bags entered into force, aiming at reducing its negative impact in human health, infrastructures and the environment in general.
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Resting time for drivers
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New diploma approved, regulating the driving and resting time for professional drivers, as well as the fitting and usage conditions for tachographs in passenger and cargo public transportation vehicles
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Requirements for obtaining GOLD Visa
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A new diploma is in force since the beginning of September and establishes the various minimum requirements to be met to obtain residence permits for investment activity purposes
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Arbitration proceedings under the Timor Sea Treaty
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The Government of East Timor informed the Government of Australia about having opened an arbitrage proceeding under the Timor Sea Treaty, in order to solve the dispute between the two governments regarding the correct interpretation of the Timor Sea Treaty
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